Oriental Corporation has gathered the following data on a proposed investment project: Investment in depreciable equipment Annual net cash flows Life of the equipment Salvage value Discount rate Multiple Choice 0.1 years The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period for the investment would be: (Round your answer to 1 decimal place.) 1.0 years 7.4 years $ 600,000 $ 64,000 9.4 years 15 years $0 6%

Ovientai Corporaton hos gathered the folicwang dista en a peoposed investment project The psybad perisd for the ivestment would be: \{Round your anwer to 1 dedimal place. Mispie chece 10 yeas 74 pees Qu jees